DOT seeks funds for ferries as well as MARAD

FEBRUARY 5, 2015 — The U.S. Department of Transportation’s 2016 budget request includes $70 million for ferry and ferry terminal construction in the Federal Highway Administration request, up modestly from the $67

GE Tier 4 marine diesel receives EPA certification

FEBRUARY 5, 2015—GE Marine reports that its 12V250 marine diesel engine received U.S. EPA Tier 4 Certification. GE met the emissions requirements through non-Selective Catalytic Reduction (SCR) technology that requires no urea-based

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Havyard profits hit by fish and windmills

FEBRUARY 5, 2014 — Hit by cost overruns in the fishing, aquaculture and windfarm service vessels, Norway’s Havyard Group ASA  has issued a profit warning. In a filing today, the Board of

Wärtsilä to power world’s first CNG carrier

FEBRUARY 5, 2015 — The 2,200 m3 compressed natural gas (CNG) carrier ordered from Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry Ltd. last year will be powered by an integrated Wärtsilä propulsion system.

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Newport News awarded $224.3 million for CVN 73 RCOH

FEBRUARY 4, 2015 — Huntington Ingalls Inc., Newport News, VA, is being awarded a $224,384,309 modification to previously awarded contract (N00024-14-C-2111) for the material and first year of advance planning of the

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Petrobras CEO and five directors resign

FEBRUARY 4, 2015 — Petrobras CEO Maria das Graças Foster and five other directors resigned today as a result of the corruption scandal enmeshing the Brazilian state-owned oil company.  National daily, O